Arc Minerals Limited (LON:ARCM – Get Free Report) shares were down 1.4% on Wednesday . The stock traded as low as GBX 1.70 ($0.02) and last traded at GBX 1.73 ($0.02). Approximately 1,395,847 shares changed hands during trading, a decline of 84% from the average daily volume of 8,740,006 shares. The stock had previously closed at GBX 1.75 ($0.02).
Arc Minerals Price Performance
The firm has a 50-day moving average of GBX 1.75 and a 200-day moving average of GBX 1.74. The company has a debt-to-equity ratio of 1.44, a quick ratio of 5.56 and a current ratio of 0.98. The firm has a market capitalization of £25.01 million, a P/E ratio of -307.50 and a beta of 0.54.
Arc Minerals Company Profile
Arc Minerals Limited engages in the identification, evaluation, acquisition, and development of mineral properties in Africa. It holds interests in the Zambia copper and cobalt projects; and 72.5% in the Zaco copper project located in Western part of the Zambian copper belt. Arc Minerals Limited is based in Road Town, British Virgin Islands.
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